PSX (PSX) options memo

The Read

The Read is generated on demand from the live tape.

Key numbers

• Spot: $241.98
• Lean: neutral
• Nearest expiry: Fri 8/21
• Implied move: 2.2%
• ATM implied volatility: 42.7%
• Max pain: $232.50
• Pin strike: $240.00
• Gamma flip: $238.16
• Dealer positioning: SHORT GAMMA
• Call wall: $240.00
• Put wall: $205.00
• Put/call open interest: 2.975